The Director-General of SEC, Dr Emomotimi Agama, said this in Abuja on Tuesday at a pre-news conference in preparation for the 7th African International Conference on Islamic Finance (AICIF) scheduled between November 4 and 5.
Agama said that Sukuk carried the large chunk of the money with 700 per cent over-subscription of the last Sukuk issuance which underscored the massive investor confidence the country had built.
He said that the development demonstrated a robust and growing appetite for ethical and non-interest financial products.